Banking Tariff
| No: 381000095093 | Date(g): 4/6/2017 | Date(h): 10/9/1438 | Status: In-Force |
The banking tariff sets the allowable maximum fees that a bank may, but not necessarily, charge individual customers and beneficiaries for services provided by the bank following their acceptance.
| Banking Service Description. | Maximum Banking Tariff |
| 1- Customer Accounts Free | |
| a. opening an account | free |
| b. Balance is less than required limit | None |
| 2- Account statement | |
| At branch: | |
| a. statement for less than one year | 25 SAR |
| b. statement for1 - 5 years | 30 SAR |
| c. statement for more than five year | 50 SAR |
| Electronically (internet, telephone, ATM…): | |
| a. Monthly statement by regular mail or email electronically | Free |
| b. ATM mini statement electronically | free |
| 3- Cash Withdrawal using a withdrawal Form at the Branch | Free |
| 4- MADA ATM and POS Cards: | Free |
| a. issuance of ATM card for a Free account | Free |
| b. ATM cash withdrawal / deposit | Free |
| c. Use of MADA cards at POS terminal by customers | Free |
| d. Renewal of ATM card | Free |
| e. Re-issuance of ATM card retained by an ATM | Free |
| f. NAQAD service (purchase with cash back) | Free |
| g. Re-issuance of ATM card (lost / damaged / 3 invalid passwords) | 30 SAR |
| h. issuance of an additional ATM card | 30 SAR |
| 5- Electronic Payment of Bills Government Services (SADAD): | |
| a. Government services payment. | Free |
| b. Payment of bills and services.. | Free |
| c. SADAD Account for online payment. | Free |
| 6- Banking Transfer & services | |
| At Branch: | |
| a. Transfer to another account within the same bank | Free |
| b. Setting up a standing payment order (one time) | 15 SAR |
| c. Transfer to another bank inside the Kingdom through SARIE (same day) | 25 SAR |
| d. Transfer to another bank inside the Kingdom through SARIE (forward) | 15 SAR |
| e. Transfer to a bank outside the Kingdom. | 75 SAR |
| f. Change/cancel transfer outside the kingdom | 25 SAR |
| Electronically (internet, telephone and ATM): | |
| g. Transfer to another account within the same bank | Free |
| h. identification of a beneficiary for fund transfer | Free |
| i. Setting up a standing payment order (one time) | 10 SAR |
| j. Transfer to another bank inside the Kingdom through SARIE (same day) | 7 SAR |
| k. Transfer to another bank inside the Kingdom through SARIE (forward) | 5 SAR |
| l. Transfer to a bank outside Kingdom | 50 SAR |
| m. Change/cancel transfer outside kingdom | 15 SAR |
| 7- Checks | |
| a. Issuance of a checkbook (25 checks) | Free |
| b. Issuance of an additional checkbook (25 checks) | 10 SAR |
| c. Issuance of a bank check | 10 SAR |
| d. Revocation of a bank check | 10 SAR |
| e. Issuance of a bank check (foreign currency) | 15 SAR |
| f. Revocation of a bank check (foreign currency) | 15 SAR |
| g. Requesting a copy of a check dated to one year | 10 SAR |
| h. Requesting a copy of a check dated more than one year | 20 SAR |
| 8- GCCNet Transaction Fees | |
| a. Cash withdrawal within Gulf countries | 10 SAR |
| b. Balance inquiry within Gulf countries | 3 SAR |
| c. Customer use of GCC cards at POS terminals within Gulf countries. | FREE |
| 9. International Network Transaction Fees | |
| a. Cash withdrawal for debit cards | 25 SAR |
| Cash withdrawal from credit cards | |
| b. Withdrawal of SAR 5,000 or less | 75 SAR |
| c. Withdrawal of more than SAR 5,000 | 3% MAX 300 SAR |
| d. Credit card dispute fee (if wrong dispute) | 50 SAR |
| e. Balance inquiry on ATM | 3,5 SAR |